MorphoSys ADR earnings, Revenue miss in Q3

  • Investing.com
MorphoSys ADR earnings, Revenue miss in Q3
Credit: © Reuters.

Investing.com - MorphoSys ADR reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

MorphoSys ADR announced earnings per share of $-2 on revenue of $22M. Analysts polled by Investing.com anticipated EPS of $-0.55 on revenue of $24.21M.

MorphoSys ADR shares are down 25.79% from the beginning of the year and are trading at $26.47 , down-from-52-week-high.They are under-performing the Nasdaq which is up 31.36% year to date.

MorphoSys ADR follows other major sector earnings this month

MorphoSys ADR's report follows an earnings beat by Industrial Commercial Bank of China on Friday, October 30, 2020, who reported EPS of $0.66 on revenue of $29.54B, compared to forecasts EPS of $0.49 on revenue of $28.59B.

China Construction Bank Corp had beat expectations on Thursday, October 29, 2020 with third quarter EPS of $0.81 on revenue of $26.74B, compared to forecast for EPS of $0.75 on revenue of $25.24B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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